On 18 November 2016, the LBIE Administrators, the LBHI2 Administrators and the LBEL Administrators filed and served on LBL and each other position papers setting out: i) their respective positions (insofar as they take any positions) in respect of the Part A Issues and the Part B Issues; and ii) the basis upon which they adopt such positions. Copies of those position papers can be found below:
Should you have any queries regarding this update, please contact LBIE’s Communications and Counterparty Management team at generalqueries@lbia-eu.com.
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Lehman Brothers filed for bankruptcy in the US courts on 15 September 2008. PwC were appointed as administrators, on the largest insolvency in history.
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